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5261 Sea Isle Road

5261 Sea Isle Road, Memphis, TN 38117
Sold Oct 20, 2020
$300,000
$285,000 by Patriot Bank
Mortgage Due Nov 01, 2050
Sold Jan 18, 2018
$240,000
$1,922,000 by Franklin American Mortgage Co
Mortgage Due Feb 01, 2048
5261 Sea Isle Road in Memphis, TN was first built in 1959 and is 65 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. It is a single story home. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5261 Sea Isle Road has 1,974 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 650 ft and the linear feet between the front and back of the lot is 1,650. In total, the area measurement of the land is 11,360 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a hip style roof made of composition shingle. For those who need parking, there is a carport. The garage is 240 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5261 Sea Isle Road sold most recently in Oct 15, 2020 for a total of $300,000. If you work out the math, that's approximately a cost of $151.98 per sqft. Before that, the property was also sold for $240,000 in Jan 11, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,660 in taxes each year. 5261 Sea Isle Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $76,500. If we break it down further, the land itself was valued at $7,800. Improvements to the property, however, were assessed at a total of $68,700. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Carport

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,360
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,974
  • Gross Building Area: 2,304
  • Building Area: 1,974
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,974
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COUNTRY CLUB ESTATES
  • Land Acres: 0.261
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : JONES MICHAEL L
  • Current Owner 2: JONES EMILY E
  • Previous Owner : FLEPS THOMAS M
  • Previous Owner 2: FLEPS ALYSSA
  • Owner Before Previous Owner: DUEL MICHAEL E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009501

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 133-16
  • District: O
  • Parcel: 06-7046-0-0006
  • Lot: 857
  • Municipality: MEMPHIS
  • Latitude: 35.094
  • Longitude: -89.8867

    Address

  • Full Address: 5261 Sea Isle Rd
  • Address - House Number: 5261
  • Address - Street Name: Sea Isle
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C030
  • 4-Digit Zip Code: 6854
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,660

    Appraisal Valuation

  • Standard Deviation: 0.199
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 394,922
  • High Value: 473,521
  • Low Value: 316,324

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $285,000
  • First Open Lien Mortgage Lender: PATRIOT BANK
  • First Open Lien Mortgage Recording Date: Oct 20, 2020
  • First Open Lien Mortgage Loan Amount: $285,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050

    Market Valuation

  • Market Total Value: $306,000
  • Market Land Value: $31,200
  • Market Improvement Value: $274,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $76,500
  • Assessed Land Value: $7,800
  • Assessed Improvements Value: $68,700

    Sales

  • Current Sale Contract Date: Oct 15, 2020
  • Current Sale Recording Date: Oct 20, 2020
  • Current Sale Transaction ID: 11792834762
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20114850
  • Previous Sale Recording Date: Jan 18, 2018
  • Previous Sale Contract Date: Jan 11, 2018
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PATRIOT BANK
  • First Mortgage Transaction Date: Oct 20, 2020
  • First Mortgage Loan Amount: $285,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO
  • Previous Mortgage Transaction Date: Jan 18, 2018
  • Previous Mortgage Loan Amount: $1,922,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2048

About Sea Isle Park



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Frequently Asked Questions

What neighborhood is 5261 Sea Isle Road located in?
The 5261 Sea Isle Road is a house located in the neighborhood of Sea Isle Park in Sea Isle Park, Memphis.
What is the average sales price for listings in 5261 Sea Isle Road?
The average sales price for units in 5261 Sea Isle Road is $278,000 currently.

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